The implementation of the EU - Vietnam Free Trade Agreement (EVFTA) has greatly helped make up for a downturn in the economy caused by the COVID-19 pandemic, experts said at a workshop in Hanoi on February 25.
Given the COVID-19 epidemic, the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn, according to an article posted on October 13 by The Business Times of Singapore.
Waiting for the Government to launch a pilot programme to welcome international tourists to Phu Quoc island, travel and aviation firms need urgent support like “oxygen” for their existence, according to insiders.
Indonesian President Joko Widodo has called on the G20 economies to help developing and underdeveloped nations recover from the COVID-19 pandemic and economic downturn.
Vietnam is making all-out efforts to boost the disbursement of public investment as it seeks to post GDP growth of 3 percent this year amid the global economic downturn triggered by the COVID-19 pandemic.
The Indonesian government is set to provide cash transfers and working capital loans for micro, small and medium enterprises (MSMEs) in its latest bid to boost economic growth amid the COVID-19 pandemic.
Vietnam’s GDP in the third and fourth quarters will grow better than it did in the first half of the year as the country still has ample space for growth, a press conference in Hanoi on June 29 heard.
Financial firms extended loan dues for more than 223,000 borrowers whose outstanding loans stood at 151 trillion VND (6.49 billion USD) by May 25, according to the State Bank of Vietnam.
Laos’ economic growth is projected to decline in 2020 due to the impact of the COVID-19 pandemic and measures to contain its spread, unveiled a World Bank report on the country’s growth and debt in the year.
Vietnam’s gross domestic product (GDP) in the first quarter of 2020 grew 3.82 percent, the lowest pace during the 2011-2020 period, head of the General Statistics Office Nguyen Bich Lam said at a press conference in Hanoi on March 27.
After the Malaysian central bank (BNM)’s second overnight policy rate (OPR) cut on March 3, economists said that it will decide to shave off the key rate again and the cut will happen as early as May.
The number of foreign tourist arrivals to Indonesia in 2019 may fall short of the government’s target of 18 million after attracting only 13.62 million in January - October.
The UK’s Dunlop Aircraft Tyres plans to build a factory in Karawang, Indonesia’s West Java province, with total investment of 1 trillion IDR (70.92 million USD).
By restructuring its debt and fleet, and stepping up maritime transportation and seaport services, Vietnam National Shipping Lines (Vinalines) has set sail again after emerging from cho
Reducing trade deficit with China to progress to trade balance from the market shape one of the major policies and key activities of the Ministry of Industry and Trade (MoIT), an official has said.
Singapore’s non-oil domestic exports (NODX) slid 7.2 percent in December last year, from a year earlier, as shipment of non-electronics products dropped 10.3 percent.
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